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Fort Worth Businessman Becomes Lead Backer of Texas Bullet Train
bizjournals.com
Local CEO, university board member and author — those are just some of the ways to describe Fort Worth businessman John Kleinheinz. Another descriptor was recently added to the list: the lead backer of the Dallas-to-Houston bullet train project.
It was revealed during an April 3 meeting of the state legislature's House Transportation Committee that he had bought out the lead Japanese investors in the high-speed rail project In January.
So who exactly is Kleinheinz?
He serves as president and CEO of Kleinheinz Capital Partners Inc., which he founded in 1996. He's also an investment advisor for Global Undervalued Securities Fund, a fund which at its peak managed about $4 billion.
Originally from Oregon, he earned his bachelor’s degree in economics at Stanford University in 1984 and began his career as an investment banker working for Nomura Securities in Tokyo and Merrill Lynch in London and New York, according to the Stanford Report.
He moved to Texas in 1993 and was a partner in an investment firm where he managed the Russia Value Fund, one of the earliest funds to invest in the country after the end of the Soviet Union.
Kleinheinz is currently serving a five-year term on the Stanford University Board of Trustees, which began in June 2024. He co-wrote the thriller novel "The Siberia Job," based on his experience working in post-Soviet Russia, with Josh Haven.
He previously cited environmental impacts and public safety as some of the advantages to a high-speed rail line.
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